Mi-Pay

Financial Services analytics fintech payments risk management

Mi-Pay delivers outsourced payment solutions to digital e-commerce clients, primarily in the mobile sector. Its clientele is comprised of mobile operators, virtual operators, prepaid card providers, financial institutions, and media companies. The Company also provides a portfolio of client branded, mobile payment services for mobile operators, financial service providers, utility companies, and media owners from their offices in the U.K., Romania, U.A.E., and India. Its infrastructure allows end customers to top-up using multiple payment methods such as credit or debit card, PaypalTM, bank transfer, and direct debit across all channels.

Revenue(FY, 2016)

£3.3 M

Market capitalization(2017-10-31)

£5.2 M

Type

Public

Bagshot, GB

Founded

2003

Size (employees)

4 (est)

Website

mi-pay.com

Mi-Pay was founded in 2003 and is headquartered in Bagshot, GB

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Mi-Pay Office Locations

Mi-Pay has offices in Bagshot, Sibiu, Makati and Dubai

Bagshot, GB (HQ)

56 London Rd

Makati, PH

16 Paseo de Roxas

Sibiu, RO

25 Strada Oituz

Dubai, AE

603 Alfa Building

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Mi-Pay Financials and Metrics

Mi-Pay Financials

Mi-Pay's revenue was reported to be £3.28 m in FY, 2016

Summary

GBP
Revenue (FY, 2016)	3.3 m
Gross profit (FY, 2016)	2.1 m
Gross profit margin (FY, 2016), %	64.2%
Net income (FY, 2016)	(439.2 k)
EBITDA (FY, 2016)	(310.1 k)
EBIT (FY, 2016)	(442.7 k)
Market capitalization (31-Oct-2017)	5.2 m
Closing share price (31-Oct-2017)	0.1
Cash (31-Dec-2016)	3.5 m

Mi-Pay's current market capitalization is £5.2 m.

Income Statement

GBP	FY, 2007	FY, 2008	FY, 2009	FY, 2010	FY, 2011	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Revenue	27 m	28 m	24 m	26.3 m	26.6 m	3.3 m	2.7 m	3 m	3.3 m
Revenue growth, %							(17%)	12%
Cost of goods sold	20 m	21.4 m	17.6 m	20.2 m	20.5 m	1.5 m	1.5 m	1.3 m	1.2 m
Gross profit	7 m	6.6 m	6.4 m	6.2 m	6.1 m	1.8 m	1.2 m	1.7 m	2.1 m

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Balance Sheet

GBP	FY, 2007	FY, 2008	FY, 2009	FY, 2010	FY, 2011	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Cash	658 k	784 k	488 k	294 k	542 k	956.4 k	2 m	3.5 m	3.5 m
Accounts Receivable	4.1 m	2.7 m	2.7 m	3.1 m	3.5 m		214.3 k	167.7 k	80.1 k
Inventories	11 k	17 k	10 k	16 k	7 k
Current Assets	4.9 m	3.6 m	3.7 m	4 m	4.7 m	2.4 m	3.1 m	4.5 m	4.6 m

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Cash Flow

GBP	FY, 2007	FY, 2008	FY, 2009	FY, 2010	FY, 2011	FY, 2013	FY, 2014	FY, 2015	FY, 2016
Net Income	648 k	(261 k)	419 k	86 k	(180 k)	(1.8 m)	(4.3 m)	(1.4 m)	(439.2 k)
Cash From Operating Activities	2.5 m	2.3 m	1.8 m	1.3 m	1.1 m	(579.8 k)	(3.1 m)	21.9 k	105.3 k
Dividends Paid	572 k	385 k		104 k	104 k
Cash From Financing Activities	(1.4 m)	(1.8 m)	(1.7 m)	(1.1 m)	(362 k)	1.2 m	832.6 k	1.6 m	(66 k)